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Money Announcements, the Demand for Bank Reserves and the Behavior of the Federal Funds Rate Within the Statement Week

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NBER1986-01-01 更新2025-01-04 收录
下载链接:
https://www.nber.org/papers/w1806
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资源简介:
The effect of money stock announcements on the Federal funds rate has been attributed informally to the information conveyed by the announcements about aggregate reserve demand. This "Aggregate Information Hypothesis" explains the effect without reference to Federal Reserve intervention in the funds
提供机构:
美国国家经济研究局
创建时间:
1986-01-01
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